Spacemesh

About

Spacemesh is a L1 blockchain protocol, focused on the qualitative aspects of permissionless decentralization.

New York,New York,United States
11 - 50
https://spacemesh.io

Highlights

Details

Last Funding Type: Seed
Industries: Blockchain,Software
Founded date: Jan 1, 2017
Number Of Employee: 11 - 50
Operating Status: Active

Spacemesh is a L1 blockchain protocol focused on the qualitative aspects of permissionless decentralization. Spacemesh is differentiated from other blockchains, by its PoST (Proofs of Space-Time) protocol, its "mesh" (DAG -- Directed Acyclic Graph) instead of chain topology and its lottery-free non-competitive “leaderless” voting (“Collaborative Mining”). All these enable Spacemesh to build a decentralized, permissionless, fair and environmental cryptocurrency, that can also self-heal and is highly secure. Genesis due on December 2022.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$18.20M

Spacemesh has raised a total of $18.20M in funding over 2 rounds. Their latest funding was raised on Dec 27, 2021 from a Funding Round round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 27, 2021	Funding Round	$200K	1	—	—	Detail
Aug 1, 2021	Seed	—	1	—	—	Detail
Sep 5, 2018	Series A	$15M	20	Polychain	—	Detail
Jun 1, 2018	Seed	—	1	—	—	Detail
May 7, 2018	Seed	$3M	3	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

23

Spacemesh is funded by 23 investors. Polychain and Leland Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Polychain	Yes	Series A
Leland Ventures	—	Funding Round
Kosmos Ventures	—	Seed
Coinbase Ventures	—	Series A
Lemniscap	—	Series A
gumi Cryptos Capital (gCC)	—	Series A
1kx	—	Series A
Arrington XRP Capital	—	Series A
Bain Capital	—	Series A
BRM Capital	—	Series A